ACT/
Wright

Suburb Profile

Wright - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2611

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unit

Figures from the previous quarter show that capital gains for real estate buyers in WRIGHT are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $620 based on current median home prices for the suburb.

On average, rents on listings have reached the $620 mark, reflecting a 4.02% increase in returns based on the current median price in WRIGHT.

WRIGHT, 2611 ranks 68th in ACT in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 37th on the list of best yielding suburbs for rental properties in ACT, posting a 4.02% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $802,000 $393,750
GROWTH REPORT
Median Quarterly -3.08% 0.32%
Median 12 month -0.99% -3.61%
Median 3 years 38.8% 5.71%
Median 5 years 46.08% -5.12%
10 years average annual 8.96% -0.9%
Weekly media advert. rent $620 $440
Time on Market 93.7 days 79.8 days
Gross Rental Yield Percent 4.02% 5.81%
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Wright, ACT
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